On the night of 1 to 2 December, the Danish Presidency of the Council of the European Union succeeded in reaching a provisional agreement with the European Parliament on the Regulation revising the Generalised Scheme of Preferences (GSP). This legislation allows developing and least developed countries (LDCs) to export to the EU duty-free, provided they meet certain conditions.
The aim of the revision was to tighten human rights obligations for beneficiary countries, but also to allow...